Lyse to acquire Ice Group for $630m.

Lyse, a power utility company, agreed to acquire Ice Group, a telecommunications operator, for $630m. The Transaction includes the acquisition by Lyse of all issued and outstanding shares of IGSH. Completion of the transaction is subject to entering into final transaction documents, limited customary confirmatory due diligence, regulatory approvals and approval by relevant Ice stakeholders, including the shareholders of the company in an extraordinary general meeting.